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The Economic Times
The Economic Times
Business

India bonds log worst week in FY27 on RBI surprise U-turns

Indian government bonds logged their worst ​week of the financial ​year on Friday, struck by a double blow from the ​Reserve Bank of India's surprisingly hawkish policy minutes and the early closure of a diaspora-deposit hedging facility.

The selloff in bonds was amplified by a spike in crude prices that intensified inflation ‌and rate hike ⁠fears ⁠for the world's third-largest oil importer.

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